Choosing to use the multi-currency option in Odoo will allow you to send sales invoices, quotes, and purchase orders or receive bills and payments in currencies other than your own. Users can configure multiple currencies for the transaction, set its exchange rate, and assign different currencies for individual partners and charts of accounts, run reports […]
In most cases, the fiscal years last 12 months. If it is your case, you just have to define what is the last day of your fiscal year in the accounting setting. By default, it is set for 31st December. However, there might be some exceptions. For example, if it is the first fiscal year […]
It is essential for your business to collect payments when they are overdue. Odoo will help you identify payments that are late and will allow you to send the appropriate reminders. Normally almost all the customers will pay at the right time. Still, there are customers who keep delaying or due payment. In such cases, […]
The spreadsheet tool can be used to generate regular reports based on the database that is automatically updated. Using this tool you can improve your business by inserting data in a pivot view to a spreadsheet.How Accounts Are Affected When an Invoice or Bill Is Generated in Odoo 15 In Odoo 15 we have a […]
‘Inventory Adjustment’ in Odoo is an essential feature that will allow you to change the product quantity by verifying the physical quantity automatically which will be directly reflected in the stock quantity of the product. It is easy to configure and use this feature in the inventory module of the Odoo system. Go to your […]
Default taxes and accounts are set on products and customers to create new transactions on the fly. However, you might have to use different taxes and record the transactions on different accounts, according to your customers’ and providers’ localization and business types.#odoo15accounting Fiscal Positions allow you to create sets of rules to automatically adapt the […]
Inventory management has always been a headache in business management. With the module, inventory management is not a huddle anymore. Every single data change will be shown and updated in the inventory data or analyzed later. The data will be shared live with the Sales module of Odoo for the salespeople to work effectively on […]
In promoting and advertising new products, nowadays social media acts as the major marketing tool in the business field. Any type or scale of a business can rely on social media to reach the targeted audience quickly and effectively for marketing and campaigning. #odoo15 The majority of the population is now active on various types […]
Odoo CRM, Customer Relationship Management is the technological solution that mainly focussed on business relationships. This dynamic software tool is developed for supervising all your organization’s relationships and interactions with all types of customers. #odoo15crm The existing customers and future customers can be well managed and supervised with the software.#odoo15enterprise Odoo CRM is considered as […]
In this video, let us have a brief overview of the Odoo 15 Purchase module. #odoo15purchase For any business, purchase management is an inevitable and significant component. With effective purchase decisions and strategies, companies can have significant cost savings. The procurement processes are handled by the purchase department. Buying materials, equipment, services, and other goods […]